May 8th, 2019 Daily Market Commentary NEWS  Canadian Headlines Canadian stocks fell for the sixth day in seven Tuesday as investors remained on edge over President Trump’s threat to increase tariffs on billions of dollars of imports from China. Oil also tumbled toward $60 a barrel. The S&P/TSX Composite Index slid 0.8 percent to 16,358, the [...]
May 7th, 2019 Daily Market Commentary Canadian Headlines The Canadian government is likely to proceed with expansion of the Trans Mountain oil pipeline when it announces its decision next month, officials familiar with the matter say. The government has made no secret about its interest in finding a way to expand the conduit, but has tiptoed around [...]
May 6th, 2019 Daily Market Commentary Canadian Headlines Five months from an election, Canadian voters remain undecided on who they think would best grow the economy -- the latest signal of a wide-open race. Prime Minister Justin Trudeau and Conservative Leader Andrew Scheer are neck-and-neck as the top choices to best manage the country’s growth. But fully half the [...]
May 3rd, 2019 Daily Market Commentary Canadian Headlines Hudbay Minerals and Waterton Global reach settlement pact that will result in 11 agreed nominees being elected as Hudbay’s board at shareholders meeting scheduled for May 7. Hudbay, Waterton also agree that, following meeting, corporate governance and nominating committee will initiate process to identify successor to Chair [...]
May 2nd, 2019 Daily Market Commentary Canadian Headlines Bombardier Inc. will seek to sell its aerospace operations in Northern Ireland and Morocco, as Chief Executive Officer Alain Bellemareextends a revamp to focus primarily on private jets and trains. The company will form Bombardier Aviation, with core assets in Montreal, Mexico and Texas, according to a statement Thursday. The division [...]
May 1st, 2019 Daily Market Commentary Canadian Headlines Canadian stocks pared most of their earlier losses and ended Tuesday’s trading session mostly negative-to-flat. The record rally from Shopify helped the index rise and pushed the technology sector up, while health care and energy stocks underperformed. The S&P/TSX Composite Index fell 0.12 percent to 16,580.73. Technology [...]
April 30th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks were mixed Monday after closing unchanged the previous week. An underperformance by miners outweighed marijuana stocks’ gains. The S&P/TSX Composite Index fell 0.08 percent to 16,600. Miners were the biggest losers as metal prices declined. Health care stocks were among the best performers, together with [...]
April 29th, 2019 Daily Market Commentary Canadian Headlines When Parq Vancouver, a glimmering waterfront casino, opened amid much to-do in late 2017, few would’ve anticipated that a dirty money crackdown was about to throw the city’s roaring gambling business into turmoil. Vancouver-area casinos for years had been accepting millions of dollars in questionable cash from [...]
April 26th, 2019 Daily Market Commentary  Canadian Headlines Canadian stocks slid for a second day as falling energy and copper prices weighed on resource shares and Bombardier Inc. tumbled 15 percent. The S&P/TSX Composite Index lost 0.1 percent to 16,576.10. Materials slid 0.6 percent as copper prices fell to a four-week low amid signs of slowing [...]
April 25th, 2019 Daily Market Commentary  Canadian Headlines The Bank of Canada fully abandoned its bias toward raising interest rates as the economy grapples with a slowdown, bringing its policy in line with the Federal Reserve and other major industrial central banks. Policy makers in Ottawa left their benchmark overnight rate unchanged at 1.75 percent for [...]
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